Managing Natural Resources
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Managing Natural Resources

Organizational Strategy, Behaviour and Dynamics

Edited by Gerard George and Simon J.D. Schillebeeckx

Managing the natural environment is fundamental to many businesses, yet management scholars have understudied how natural resources are acquired and deployed, how they constrain and challenge strategy and innovation, and how they differ from more conventionally studied resources in management. This book captures leading and thought-provoking conceptual and empirical contributions on how organizations (ought to) interact with such natural resources. The authors apply and extend management theories to the natural resource context, thereby opening up multiple avenues for future research.
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Chapter 5: Arrangements to access natural resources: the role of localness and interdependence

Karin Andrea Wigger and Marta Bystrowska

Abstract

A firm that intends to exploit a natural resource opportunity ultimately enters the location of those resources and interacts with the local context. Those locations are often vulnerable to external resource use. A focal firm establishes arrangements with local actors controlling the resources to ensure sustained access to the desired natural resources. Building upon a case study of a firm that regularly enters several locations, this chapter studies the firm’s arrangements with local actors. In particular, the role of localness of natural resources and interdependences between the focal firm and local actors are emphasized. The study unveils that the chosen arrangements vary across different locations and are configurations along social, scope and structural dimensions. This variation in arrangements enables a firm to manage dependence while responding to the local context in order to ensure sustained access to natural resources.

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